Broadway is a new and interesting project. Their goal is to allow people to participate in and experience performances, shows and entertainment in a new way. The company uses blockchain technology. He plans to create quality immersive shows in the Metaverse. Additionally, the team introduced the platform’s native utility token: BRO. The latter will allow its holders to benefit from rewards and access to counterparts both in the Metaverse and in the real world.
The company launched the ICO sale of the token on October 1, 2022. It will end on February 2, 2023. The BRO token ranks quite high on various ICO listing platforms. Your total supply is 1,400,000, but only a percentage is available for purchase.
Broadway Production made it their mission to bring the show to the audience and provide them with new experiences. Furthermore, the team stated that innovation and technology have always been at the heart of their production. The Defi space attracted more attention, so the company decided to move in that direction. That’s why he decided to launch a new project: BROADWAY META.
The equipment will allow customers to experience shows and performances in innovative ways while earning rewards from the platform for their participation.
NewEternalLife is another promising project. What does it offer?
This new ecosystem of anonymous and decentralized applications attracted investors recently. NewEternalLife also released its token on October 1, 2022. However, the sale ends on December 30, 2023. The total supply of ELT tokens is 1,000,000,000. The platform accepts ETH, BTC, USD, LTC, BCH, TRX, BNB, USDT, and XRP in exchange.
The NewEternalLife team wanted to create a parallel world with 100% anonymity and decentralization. All the basic ideas of this project already exist in some form in different projects of other Defi companies. However, the team has a vision to unite and combine all these functions and ideas in one blockchain and one application. That includes cryptographic and communication technologies.
In addition, anonymity and security are the most important pillars of this project. The team started working on this project in 2018, gradually bringing more ideas and use cases into the project. The company started programming NewEternalLife in 2021 after defining all the use cases included in the project.
Subsequently, the company began developing, programming, and testing the NewEternalLife blockchain. Created the testnet and started testing the transactions. During the next phase, the team created individual applications for all the use cases planned for the project. The company is already ready to bring the individual use cases online and thus make them available to the wider community.
NewEternalLife plans to integrate all use cases into the main application of the project. That will happen gradually. The team wants to allow the community to better know and understand this extensive application. Once the company finishes this process, it will remove all individual apps from the app stores.
What are the other advantages of this project?
The company aims to offer a strong metaverse with exciting features. Initially, it will offer only the Play to Earn packages and the decentralized cryptocurrency casino. As this is the longest part of the entire NewEternalLife project, the company will publish a large number of individual sub-steps one after the other during this phase.
GitHub is a great addition to the project. After completing all the use cases, the team will publish all the source codes and the entire project on GitHub. Since the individual phases are linked to each other, parts of the individual phases will sometimes come online in another scheduled phase. But investors and community members will have access to them. The company wants to be as transparent as possible.
Furthermore, NewEternalLife uses a layer 1 proof-of-work blockchain. The latter has extremely fast transaction speed, which is a huge advantage. The company also uses the latest technologies when it comes to the encryption of the platform. The equipment uses the ED25519 encryption technique. It has a character length of 64 digits. As a result, ED25519 is currently one of the most secure encryption techniques available.
NewEternalLife also provides its own mining devices. The company will use them as mesh network routers. According to the team, the mining technology is CPU-based and quite cheap. Still, the team will allow people to mine within Windows and Linux-based operating systems at first, along with their own mining devices.
This phase will allow for solo mining, as well as mining through a specifically provided mining pool. However, the company noted that mining would be possible with the internal mining devices only after the mesh network reaches a certain stage of expansion. A blockchain-based security level will guarantee the identification of mining devices.
How does the mesh network work?
The company is building its own mesh network called EternalLifeMesh. Its goal is to enable internet-independent peer-to-peer communication with this network. Customers will be able to use it for the NewEternalLife messaging service. However, the team found that it could not guarantee comprehensive network coverage from the start. Therefore, the company will build it gradually.
It is currently negotiating with Helium (a decentralized wireless network) to set up its network with the latter’s technology as an early phase overlay. Helium already has a density of around 970,000 access points around the world. It offers high coverage in urban areas particularly.
By partnering with this company, NewEternalLife will be able to offer very high area coverage from the launch of their mesh network. Additionally, the team will provide access to the mesh network independently through the Wallet app, saving it outside of the operating system. As a result, the company will ensure that only authorized users use the network.
One of the great features of NewEternalLife is its wallet. In fact, customers will be able to use the NewEternalLife app for multiple functions, doing everything they want quickly and easily from one place. The team calls their app: NewEternalLifeWallet (ELWall for short). You will grant access only to authorized users, allowing them to use NewEternalLife services. This app will be extremely easy to use and simple despite its varied usability.